Tell NYU, Columbia and Cornell: Divest from fossil fuels
After Superstorm Sandy, the cost of our continued inaction to fight climate change has never been clearer. But one of the biggest barriers to progress is the fact that major financial institutions continue to invest in the fossil fuel companies that are profiteering from the destruction of our climate — and our communities.
To weaken the power of these coal, oil and gas companies, we need to make it clear that it is immoral to profit from the destruction of humanity, and it is immoral for anyone to invest in this destruction.
So we’re joining with our friends at 350.org to build public pressure on major universities — whose endowments total tens of billions of dollars, and who represent the young people who will feel the worst impacts of climate change — to stop investing in fossil fuel companies.
New York University, Columbia and Cornell have some of the largest endowments in New York, totaling more than $15.5 billion combined. As New York recovers from the destruction of Hurricane Sandy, these schools can set an important example for colleges and universities across the country by divesting from fossil fuels.
Our system of colleges and universities is predicated upon the notion that education leads to a better future and expanded opportunities. But it is irresponsible and disingenuous for universities to say they care about their students’ future when they are actively putting money into the fossil fuels that are the single greatest threat to their students’ future.
Right now, on more than 200 college campuses around the country, students are mobilizing and building pressure on their schools to stop investing their endowments in the fossil fuel companies that are wreaking havoc on our planet.1 And while these efforts are student led, they need the help of community members like you to give their movement the strength in numbers it needs to succeed.